Frontier Communications Parent (FYBR) Scheduled to Post Earnings on Friday

Frontier Communications Parent (NASDAQ:FYBR) is scheduled to post its quarterly earnings results before the market opens on Friday, May 3rd. Analysts expect Frontier Communications Parent to post earnings of ($0.01) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Frontier Communications Parent (NASDAQ:FYBR) last announced its quarterly earnings data on Friday, February 23rd. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.06. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Frontier Communications Parent had a net margin of 0.50% and a return on equity of 0.56%. The business’s revenue was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.63 earnings per share. On average, analysts expect Frontier Communications Parent to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Frontier Communications Parent Price Performance

Shares of FYBR opened at $22.62 on Friday. The firm’s 50-day simple moving average is $23.44 and its two-hundred day simple moving average is $22.38. Frontier Communications Parent has a fifty-two week low of $11.65 and a fifty-two week high of $25.89. The company has a debt-to-equity ratio of 2.13, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market cap of $5.62 billion, a PE ratio of 188.50 and a beta of 1.05.

Analyst Upgrades and Downgrades

FYBR has been the topic of a number of recent analyst reports. Citigroup upgraded shares of Frontier Communications Parent from a “neutral” rating to a “buy” rating and increased their price target for the company from $28.00 to $30.00 in a report on Monday, April 15th. Bank of America initiated coverage on shares of Frontier Communications Parent in a research report on Tuesday, April 9th. They set a “buy” rating and a $30.00 price objective on the stock. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.43.

Frontier Communications Parent Company Profile

Frontier Communications Parent, Inc, together with its subsidiaries, provides communication and technology services in the United States. It offers broadband, video, voice, and other value-added services. The company also provides data and Internet, including broadband networking services; data-based voice over internet protocol, unified communications, long-distance, and voice messaging services; video services under the Frontier TV brand; access services; hardware and network solutions; and packages of services.